NOT LISTED FOR SALE

2027 Darwin Ave SW Grand Rapids, MI 49507

Garfield Park Neighborhood

Estimated Value: $193,000 - $225,000

4 Beds
2 Baths
-- Sq Ft
4,960 Sq Ft Lot

Last Sold March 21, 2017

Last sale price $42,000

Est. 406% increase in value since last sale

Current estimated payment $1,276/month

21 Days on Market

About This Home

As of March 2017

Outstanding cash flow fully rented $650/each unit.Loads of parking!

Last Agent to Sell the Property

Barry J. Capel

Five Star Real Estate (Grandv) License #6501182751 Listed on: 02/13/2017

Five Star Real Estate (Grandv)

Last Buyer's Agent

Cecilia Cabrero

Five Star Real Estate (M6) License #6501380359

Five Star Real Estate (M6)

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 4,960

Parking

  • 4 Parking Spaces

Home Design

  • Wood Siding
  • Vinyl Siding

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Additional Features

  • Basement Fills Entire Space Under The House
  • 4,960 Sq Ft Lot

Community Details

  • 2 Units

Listing and Financial Details

  • Tenant pays for trash collection, gas
  • The owner pays for water, sewer

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

0

Listing Details

  • Property Sub-Type: 2 to 4 Units
  • Property Type: Multi-Family
  • New Construction: No
  • Year Built: 1900
  • Location Property Info:Property Sub-Type: 2 to 4 Units
  • General Property Info:New Construction2: No
  • General Property Info:Lot Dimensions: 40*124
  • General Property Info:Waterfront3: No
  • General Property Info:Basement: Yes
  • Tax Info:Annual Property Tax: 1800.0
  • Tax Info:Zoning3: res
  • General Property Info:Total _pound_ Units: 2
  • General Property Info:Total _pound_ Bldgs: 1.0
  • Heat Type:Forced Air: Yes
  • Substructure:Full: Yes
  • Utilities Attached:Electric4: Yes
  • Heat Source:Natural Gas3: Yes
  • Util Avail at Street:Electric: Yes
  • Util Avail at Street:Natural Gas2: Yes
  • Util Avail at Street:Public Sewer: Yes
  • Util Avail at Street:Public Water: Yes
  • Utilities Attached:Natural Gas: Yes
  • Sewer:Public: Yes
  • Water:Public2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Construction Materials: Wood Siding
  • List Price: 44900.0
  • Number of Buildings: 1
  • Road Surface Type: Paved
  • Waterfront: No
  • Exterior Material:Vinyl Siding: Yes
  • Access Feat:Accessibility Features2: No
  • Driveway Paved: Yes
  • Exterior Material:Wood Siding: Yes

Garage/Parking

  • Total Parking Spaces: 4.0
  • General Property Info:Total Parking Spaces: 4.0

Utilities

  • Heating: Natural Gas, Forced Air
  • Heating: Yes
  • Utilities: Natural Gas Connected, Public Water, Public Sewer
  • Water Source: Public

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Area: 0.11
  • Lot Size Sq Ft: 4960.0
  • Zoning Description: res
  • ResoLotSizeUnits: Acres

Rental Info

  • Owner Pays: Water, Sewer
  • Tenant Pays: Trash Collection, Gas

Multi Family

  • Number of Units Total: 2

Tax Info

  • Tax Annual Amount: 1800.0
  • Tax Year: 16

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 13, 2017
Closed on
Mar 17, 2017
Sold by
Prindle Ry and Purdie Alannah R
Bought by
Ramirez Nancy Quero
Seller's Agent
Barry J. Capel
Five Star Real Estate (Grandv)
Buyer's Agent
Cecilia Cabrero
Five Star Real Estate (M6)
List Price
$49,900
Sold Price
$42,000
Premium/Discount to List
-$7,900
-15.83%
Current Estimated Value
$212,516

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,516
Avg. Annual Appreciation
20.48%

Purchase Details

Closed on
Nov 22, 2016
Sold by
Holland Reit Advisors Llc
Bought by
Siegman Stephanie and Prindale Ry

Purchase Details

Closed on
Apr 25, 2014
Sold by
Siegman Stephanie
Bought by
Prindle Ry

Purchase Details

Listed on
Feb 24, 2012
Closed on
Apr 26, 2012
Sold by
Secretary Of Housing & Urban Development
Bought by
Siegman Stephanie
Seller's Agent
David Brooks
LASTBIDrealestate.com - I
Buyer's Agent
Stephanie Siegman
Agent History
List Price
$12,700
Sold Price
$11,000
Premium/Discount to List
-$1,700
-13.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.32%

Purchase Details

Closed on
Jan 6, 2011
Sold by
Mortgage Electronic Registration Systems
Bought by
Secretary Of Housing & Urban Development

Purchase Details

Closed on
Apr 22, 2009
Sold by
Errisuriz Rafael and Errisuriz Rafael
Bought by
Mortgage Electronic Registration Systems

Purchase Details

Closed on
Jun 25, 2004
Sold by
Vasquez Rosa I
Bought by
Errizuriz Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,451
Interest Rate
6.37%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 14, 1998
Sold by
Fortuna Fortuna J J and Fortuna Vasquez R
Bought by
Siegman Vasquez R and Siegman Stephanie

Purchase Details

Closed on
Sep 24, 1997
Sold by
Ent E and Ent V
Bought by
Siegman Fortuna J and Siegman Stephanie

Purchase Details

Closed on
Sep 23, 1997

Purchase Details

Closed on
Feb 18, 1994
Sold by
Docter Docter A A and Docter J
Bought by
Siegman Stephanie

Purchase Details

Closed on
Feb 4, 1994
Sold by
Docter Docter J J and Docter Sleeper D
Bought by
Siegman Stephanie

Purchase Details

Closed on
Feb 11, 1988

Purchase Details

Closed on
Jul 8, 1981
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ramirez Nancy Quero $42,000 Startitle Agency Llc
Siegman Stephanie $600 None Available
Prindle Ry -- None Available
Siegman Stephanie $11,000 None Available
Secretary Of Housing & Urban Development -- None Available
Mortgage Electronic Registration Systems $67,998 None Available
Errizuriz Rafael $70,000 --
Vasquez Rosa I $45,100 --
Siegman Vasquez R $45,100 --
Siegman Fortuna J $31,000 --
-- $29,000 --
Siegman Stephanie $15,000 --
Siegman Stephanie $20,000 --
-- $24,000 --
-- $29,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Errizuriz Rafael $69,451
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/21/2017 03/21/17 Sold $42,000 -15.8% --
03/06/2017 03/06/17 Pending -- -- --
02/13/2017 02/13/17 For Sale $49,900 +353.6% --
05/01/2012 05/01/12 Sold $11,000 -13.4% -- View Prior Sale
04/09/2012 04/09/12 Pending -- -- --
02/24/2012 02/24/12 For Sale $12,700 -- --
Source: MichRIC

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,917 $99,200 $0 $0
2024 $1,917 $87,900 $0 $0
2023 $1,902 $77,200 $0 $0
2022 $1,808 $60,300 $0 $0
2021 $1,761 $50,000 $0 $0
2020 $1,702 $45,300 $0 $0
2019 $1,743 $39,600 $0 $0
2018 $1,690 $31,900 $0 $0
2017 $1,357 $25,500 $0 $0
2016 $2,674 $25,700 $0 $0
2015 $1,584 $25,700 $0 $0
2013 -- $20,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2017

    Barry J. Capel

    Five Star Real Estate (Grandv)

    (616) 260-5021

    1 in this area

    111 Total Sales

    Barry J. Capel
    Section Image

  • C

    Buyer's Agent in 2017

    Cecilia Cabrero

    Five Star Real Estate (M6)

    (616) 949-6980

    3 in this area

    39 Total Sales

    Cecilia Cabrero
    Section Image

  • A

    Buyer's Agent in 2017

    Ana Cabrero

    Harborland Realty LLC

  • D

    Seller's Agent in 2012

    David Brooks

    LASTBIDrealestate.com - I

  • S

    Buyer's Agent in 2012

    Stephanie Siegman

    Agent History

See All Agents

Map

Source: MichRIC

MLS Number: 17005279

MichRIC

APN: 41-17-12-203-020

Michigan Kent County Grand Rapids 49507 Garfield Park

2027 Darwin Ave SW, Grand Rapids, MI

Not Listed for Sale

MultiFamily

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